Lot 31
Auction
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Plot 4 Oakesway Industrial Estate, Oakesway, Hartlepool, TS24 0RB

Auction
United Kingdom
Land/Site
Commercial

Sold for £90,000

Property Summary

  • By order of UK Land Estates
  • Freehold
  • Established Industrial estate
  • Close to town centre
  • Good communications
  • Level 0.8 acre site with road frontage

Contact Us

Simon Riggall
Simon Riggall
Property Agent, here to help.

Contact Us

Simon Riggall
Simon Riggall
Property Agent, here to help.

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Tenure

Freehold with vacant possession

Property description

The property comprises a cleared level site extending to approx 35,600 sq ft (3,300 sq m) fronting Oakesway Road close to its junction with Warren Road, which links into the A1049 West View Road, with the A19 circa 6 miles. The property lies alongside TMD Friction with other nearby occupiers including Expert Cables, Britton Group, Phoenix Steel, Coveris and the nearby University Hospital of Hartlepool.

Location

Hartlepool is a coastal town and port lying on the North East, North Sea coast 8 miles north of Middlesbrough and Teeside and 20 miles to the south of Sunderland.
The town has a wide range of retail facilities with a strong tourism business associated with the historic harbour area. The towns economy benefits from the chemical and green energy sectors together with the large commercial port. Hartlepool has good road communications via the A179 and the A689, both linking the town to the A19 trunk road. The A179 is the main road to the north-west which leads to the A19 to Durham, Sunderland and Tyneside. The A689 is the main road to the south-west towards the A19 & Billingham, Stockton, Middlesbrough and York. The A178 road leads south to Seaton Carew, Port Clarence and Middlesbrough. Hartlepool railway station lies on the Durham Coast Line with hourly services to Sunderland, Newcastle and Middlesbrough, as well as a service to London King's Cross.
The established Oakesway Estate lies alongside and is accessed off the A179 Easington Road, which connects with the A19. 

VAT

VAT is applicable to this sale, please refer to the legal documents for further details.

Accommodation

Tenure

Freehold with vacant possession


*Terms & Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £1,500 (inclusive of VAT)for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All lots sold “Subject to Vendor Confirmation” will be subject to the acceptance and confirmation by the Vendor. The highest bid will be presented to Vendor, the vendor will have to either accept, decline or make a counter offer the highest bid within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising the offer the Vendor is willing to accept. The Highest Bidder will have to either accept or reject the Vendor’s counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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